According to the latest statistics released by Economist Intelligence Unit, in the list of cities with high living cost, Shenzhen ranks 28th in the world, and 3rd in China. While Guangzhou ranks 69th in the world, and 8th in China.

This report, named a survey on living cost in the cities around the world, compared the living cost of 133 cities in the world. Beijing, Shanghai, Shenzhen, Guangzhou and other 4 cities in mainland china are among them.

Compared with Beijing and Shanghai with stable performance on the list, Shenzhen and Guangzhou saw their ranks up apparently. Ren Tao, the economist from the Asian department of Economist Intelligence Unit, indicated that increasing income, rising inflationary and the appreciation of the RMB and other factors have caused the living cost in Shenzhen and Guangzhou increased obviously.

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